2 Merchant Avenue

    2, MERCHANT AVENUE, BURY ST EDMUNDS, IP32 6FB

    This detached freehold property on Merchant Avenue last sold in June 2021 for £515,000. Based on price growth in the IP32 district since then, its estimated current value is £518,278 — placing it in the 80th percentile nationally and the 92nd percentile within IP32. The property covers 182 m² (1,959 sq ft), giving an estimated value of £2,848 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    182 m²

    (1,959 sq ft)

    Last Sale Price

    £515,000

    Jun 2021

    Estimated Valuation

    £518,278

    Est. £/m²

    £2,848/m²

    £265/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area182 m² (1,959 sq ft)
    EPC dateSept 2018
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2021

    £515,000

    28 Sept 2018

    New build

    £560,000

    Key Metrics

    Estimated valuation£518,278
    Value per m² / sq ft£2,848/m² (£265/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    IP32 district percentile92nd percentile
    National percentile80th percentile

    District Context — IP32

    IP32 covers central Suffolk, including the market town of Bury St Edmunds and surrounding rural villages. The district offers a blend of historic market-town character and quieter countryside appeal.

    Average Property Price - IP32

    £305,488

    43

    National percentile

    Average Net Household Income - IP32

    £42,246

    67

    National percentile

    10-Year Annualised Price Growth - IP32

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - IP

    4.3%

    76

    National percentile

    View full analysis for IP32

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